American Home Security Insurance

Obama's Speech on American Manufacturing

THE PRESIDENT: Hello, Milwaukee! (Applause.) It is good to be back in the great state of Wisconsin. (Applause.) This is the closest I've been to home in a while. I was thinking about getting on the 90-94 and just driving down to my house. (Laughter.)

Thank you, DiAndre, for that outstanding introduction -- (applause) -- and for sharing your story. I can tell, though, DiAndre is a little shy. He doesn’t necessarily like to get out in front of people. (Laughter.)

Before I begin, I want to thank some additional special guests who are here. Milwaukee Mayor Tom Barrett is in the house. (Applause.) Your Congresswoman, Gwen Moore, is here. (Applause.) You heard from your local UAW representative, John Drew -- (applause) -- and I got a great tour from the President of UAW Local 469, Mike Bink. (Applause.) And, finally, I want to thank Master Lock CEO John Hepner for inviting us here today. (Applause.)

It is wonderful to be at Master Lock. I have to say, though, it brought back some memories. I was thinking about my gym locker in high school. (Laughter.) And if you go into the boys locker room in high school, sometimes it's a little powerful -- the odor in there. (Laughter.) So I was thinking about the fact that we weren’t washing our stuff enough. (Laughter.) And then I was thinking about, as I got older and I kept on using Master Locks, I became an even better customer because I couldn't always remember my combination. (Laughter.) So I'd end up having to have the lock sawed off and buy a new one. So I was giving you guys a lot of business. (Applause.)

And now, as I was looking at some of the really industrial-size locks, I was thinking about the fact that I am a father of two girls who are soon going to be in high school, and that it might come in handy to have these super locks. (Laughter.) For now, I'm just counting on the fact that when they go to school there are men with guns with them. (Laughter.)

But I’m actually here today because this company has been making the most of a huge opportunity that exists right now to bring jobs and manufacturing back to the United States of America. (Applause.

At CPAC, Romney's Calls for Cutting Social Security and Medicare ...

Social Security Works spoke to several conservatives at the Conservative Political Action Conference (CPAC) this past Friday, who were none too pleased to hear Mitt Romney he plans to cut Social Security and Medicare.

To the right is a video Social Security Works put together contrasting Romney’s statements on Social Security and Medicare in his speech at CPAC with the reactions of some CPAC attendees.

It is no surprise that I spoke with many CPAC attendees, who either agreed with Romney, or had more extreme positions. But in addition to the people we included in the video, I spoke with several more conservative activists, who we did not have the space to feature, but also opposed the idea of cutting benefits.

A few things stood out to me in my conversations with CPAC attendees, whether they took issue with Romney’s remarks or not:

• There are faces behind the poll numbers. While I had seen the poll numbers showing widespread Republican opposition to Social Security cuts before CPAC–the latest National Journal poll shows 77 percent of the country, presumably including many Republicans, opposed to cuts–I had to see it to believe it.

• A “grand bargain” for the elites only . All year long, proponents of a “balanced” deficit reduction package that includes Social Security cuts have sold it as a measure that will win the President political support from moderate Republican and independent voters. But my experience led me to believe that cutting Social Security seems to appeal more to elites and their donors in both parties, rather than rank-and-file voters.

• Insurance not welfare. Even the CPAC attendees I spoke to who favored cutting Social Security and Medicare, agreed that Social Security was insurance, not welfare. For conservatives who malign “government” in the abstract, and consider busting welfare cheats a top national priority, this is the highest compliment. We make fun of Tea Party activists for sporting signs saying, “Get your government hands off my Social Security and Medicare.” But conservatives’ support for Social Security speaks more to the political intelligence with which these programs were created than it does to conservatives’ selfishness or hypocrisy. Social Security’s character as a self-funded earned benefit plan that is universal, not means-tested, has spared it the scorn that other means-tested government programs elicit. This is one reason we should be wary of proposals to means-test Social Security and Medicare.

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